VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 18, 2013) - Zadar Ventures Ltd. (the "Company") (TSX VENTURE:ZAD)(ZAV.F)(WKN A1KC2D) is pleased to welcome Mr. Kieran Downes to its board of Directors. Mr. Downes will also serve as VP of Exploration.
Kieran Downes Ph.D., P.Geo has over 40 years diversified experience in uranium, base metals, gold and diamond exploration. He holds a B.Sc. (Hons.) in Geology from University College Galway (1971) and a Ph.D. in Geology from Dublin University (1974). He was a Post-Doctoral Fellow at the Institute for Industrial Research & Standards, Dublin (1974-1977). He is a Registered Professional Geologist in British Columbia and Saskatchewan and president of Tristia Ventures Corp., a company providing services in mineral exploration, property valuation and geochemistry since 1994. Mr. Downes joined Minatome S.A. (now AREVA) of Paris in 1975 as a uranium exploration geologist. He joined the Saskatchewan Mining Development Corporation in 1980 and was an exploration manager with Cameco Corporation, from 1988 to 1992, following its formation through the merger of the Saskatchewan Mining Development Corporation and Eldorado Nuclear Ltd. During his tenure he conducted and directed uranium exploration in the Athabasca Basin (including the McArthur River project); supervised the exploration which discovered Cameco's Star Lake, Jasper and Contact Lake gold deposits; and the delineation drilling of Cameco's McIlvenna copper/zinc VMS deposit. Mr. Downes also directed the acquisition and exploration of Signet Minerals Inc.'s uranium projects in the Yukon (2005 - 2007). Signet and its uranium assets were acquired by Cash Minerals Inc. in 2007.
"We are delighted to have someone of Mr. Downes pedigree join our team, his wealth of experience in the Basin will be of great value to the company's exploration and development efforts." Stated Mr. Tommasi, President of Zadar Ventures.
Zadar has also been listed on the Frankfurt Exchange and has been granted the symbol ZAV (WKN A1KC2D).
The Company has set 375,000 incentive stock options at a price of $0.25 for a period of 2 years.
Zadar Ventures Ltd. is a junior Uranium exploration company focused on acquiring and exploring for economically viable mineral resources in the prolific Uranium producing Athabasca Basin. For more information we invite you to visit the company's website at www.zadarventures.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Mark Tommasi, President & Chief Executive Officer
This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.